Turnkey income property ideal for hands-off investors, near shops and transport. Nine self-contained units each with prepaid water and electricity meters, nine bathrooms and 10 covered parking, yielding R17,400/month.
This fully tenanted property is looking for a new landlord.
9 separate unit. Each has its own prepaid water and prepaid electricity meter.
Each unit also has its own toilet and water point.
We are looking for serious cash buyers wanting an already set up income stream.
Total current income is R17 400 per month with room for increases.
This property is sold as is.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R1,200,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 31 listings in Germiston (town)
Insight
Priced below the median for similar properties in the area.
Similar properties pricing
Market depth
31 similar listings
Medium similar-home inventory town-wide (Germiston)
Median time on market: 110 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
Wannenburghoogte is a quiet, established residential suburb in Germiston that offers residents a peaceful suburban atmosphere with convenient access to major industrial hubs and essential urban amenities.
* Distances and amenities are approximate.